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20121205
20121213
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KCSM (PBS) 3
KRCB (PBS) 3
WHUT (Howard University Television) 1
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Search Results 0 to 6 of about 7 (some duplicates have been removed)
PBS
Dec 5, 2012 7:00pm PST
on the wealthy. he says this is needed to avert the impending fiscal cliff of automatic austerity measures that could drag the economy into recession. obama said on wednesday that federal revenues will not reach the level needed to implement his proposals to cut the deficit unless taxes are raised on the wealthy. >> there is a bottom-line amount of revenue that is required in order for us to get a real, meaningful deficit reduction plan. >> obama added that if republican officials acknowledged this reality, the actual numbers proposed by each party are not that far apart. republicans have made a counteroffer. they want to raise revenue by reviewing the current tax deduke system. house speaker john boehner has urged the president to compromise. >> our members believe strongly that raising tax rates will hurt the economy. now we need a response from the white house. >> unless the two sides reach an agreement by the end of this year, the automatic tax increases and spending cuts will take effect in the new year. >>> time to get a check on the markets now. the nikkei here in tokyo rose above t
PBS
Dec 10, 2012 7:00pm PST
obama said he is ready to compromise before plunging over the fiscal cliff. >> people have a lot of views. i'm willing to compromise a bit. we asked the wealthy to pay a higher tax rate and that's a principle i won't compromise on. >> he said he could make some concessions so he can take tax cuts for the middle class. some republican lawmakers may agree to higher tax rates for the wealthy. let's get a check on the markets. profit taking on some blue chip shares is kicks in. let's get a check on currency. market players say dealers are waiting whether the fed will take further monetary easing measures. the dollar is trading at 82.42 to 44. the euro is trading higher against the yen. now, other markets in the asia pacific, south korea's kospi is trading higher at 1,963. let's take a look at australia. it's trading higher by nearly half a percent. intelligence experts in the united states have released their predictions for global trends in the lead up to 2030. they say the u.s. won't be the world's only superpower. the council says china will pass the u.s. economically a few years
PBS
Dec 4, 2012 7:00pm PST
off the fiscal cliff. let's take a look at currency markets. the dollar is also little change against the yen as u.s. budget talks continue. dollar/yen is in the upper 81 levels, 81.88 to 90. the euro, that is higher against the yen, 107.27 to 30 at the moment. worries are reseeding over eurozone debts. let's take a look at other markets in the apple open. kospi is trading flat on the day, 1,934. looking at australia, the benchmark index is trading higher by 1/10 of a percent, 4,508. modest moves so far this morning in the asia pacific. >>> japan and india launched a new framework to provide bilateral credit in u.s. dollars. the aim is to ease the impact of possible turmoil in the global financial markets on asia. the two countries worked out the details on tuesday. japan's prime minister and his indian counterpart had signed the currency agreement a year ago. under the framework both countries will be able to exchange up to $15 billion over the next three years. the two countries had a similar currency deal in 2008 when the global financial crisis hit asia. recently india's rupe has
WHUT
Dec 6, 2012 7:30am EST
to avoid that fiscal cliff. london's ftse 100 is up right now by 0.2%. we see the frankfurt market moving ahead, up about a percent. paris's cac 40 seeing gains of 0.3%. earlier in asian trading, share prices were largely mixed. there was some profit-taking from yesterday's gains. had more optimistic views about the u.s. economy keeping stocks from falling any further, though. the nikkei ended above that key 9,500 level for the first time since april. the shanghai composite edged down just over 0.1% after a pretty sharp rebound yesterday. south korea's kospi also managing gains. it closed higher by more than 0.1%. that put it at a seven-week high. let's move on to currencies now. dollar/yen right now is a little higher, seeing it at 82.35. market observers say investors are buying the dollar on optimism about the u.s. budget talks, but its advance has been capped today as many traders do remain on the sidelines ahead of u.s. jobs data, which is due out on friday. now, in terms of the euro, it's still holding pretty strong against the yen, right now at 107.70. >>> officials at japan's tran
Search Results 0 to 6 of about 7 (some duplicates have been removed)